THE CAMPUS At LEGACY WEST SIGNATURE CORPORATE CAMPUS 1.8 MILLION SQUARE FEET PRIME DEVELOPABLE LAND ±45.2 ACRES PREMIER LEGACY BUSINESS PARK LOCATION

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1 THE CAMPUS At LEGACY WEST P L A N O, T E X A S SIGNATURE CORPORATE CAMPUS 1.8 MILLION SQUARE FEET PRIME DEVELOPABLE LAND ±45.2 ACRES PREMIER LEGACY BUSINESS PARK LOCATION

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3 1 SECTION EXECUTIVE SUMMARY

4 SIGNATURE CORPORATE HEADQUARTERS CAMPUS The Office Campus is situated on a generously landscaped, ±56.8- acre site that features a unique, park-like setting. With classic and contemporary architectural elements, the office building was constructed as J.C. Penney s corporate headquarters, with no expense spared. The three-story building is centered on a quarter-mile long, naturally lit landscaped interior atrium flanked by eight office wings. The building s most dramatic feature is the main rotunda, which measures 60 feet in diameter and reaches more than 85 feet at its highest point. Expansive floor plates range from approximately 40,000 to 85,000 square feet and offer efficient space planning and significant flexibility for a wide range of user sizes. Two three-level parking garages supply abundant covered parking and an overall ratio of 2.5/1,000 RSF, which is expandable to 4.0/1,000 RSF. First-Class, On-Site Amenities The Office Campus offers a full complement of first-class, onsite amenities that are in demand among today s most discerning office users. Features two full-service cafeterias, multiple modern conference centers and a fully equipped, state-of-the-art fitness center. Name-brand retail features a Starbucks, Subway and Walgreens Pharmacy. Also on site are a childcare facility and a healthcare center. The Office Campus has been meticulously maintained with a commitment to energy efficiency and environmental conservation. Recent Capital Improvements Exceed $7.3 Million The Office Campus is the beneficiary of significant capital improvements, thereby maintaining its status as a best-in-class project and reducing an investor s near-term capital exposure. Included among these enhancements are numerous core building improvements, fire and life safety updates and HVAC upgrades.

5 PREMIER DEVELOPABLE LAND Tremendous upside is offered through developable land totaling ±45.2 acres, just one block south of Sam Rayburn Tollway (SH 121) and one block west of the Dallas North Tollway. Parcels A and B, upon approved rezoning to CB-1 Central Business-1 District (requested and currently pending), will permit office, hotel, residential and retail/restaurant development. Parcel C (zoned CE Commercial Employment District) and Parcel D (zoned CB-1) have the depth to be developed into additional surface parking for the Office Campus; residential units similar to the adjacent Urban Villas currently under construction; and retail development. The Parcels will not be sold individually. Additional zoning detail is provided within the Offering Memorandum and zoning documents are posted in the Virtual Deal Room on the property website. Sam Rayburn Tollway (SH 121) Stonebriar Country Club N Frisco PARCEL A ±28.2 ACRES PARCEL C ±2.6 ACRES Legacy Drive PARCEL B ±10.6 ACRES OFFICE CAMPUS 1.8 MSF, ±56.8 ACRES PARCEL D ±3.8 ACRES Headquarters Drive FUTURE DEVELOPMENT URBAN VILLAS (Under Construction) Communications Parkway URBAN VILLAGE (Under Construction) = 9 EXECUTIVE SECTION SUMMARY

6 N Frisco Granite Park Stonebriar Country Club Dallas North Tollway Headquarters Drive Legacy Town Center Sam Rayburn Tollway (121) URBAN VILLAS (Under Construction) URBAN VILLAGE Leadership Drive PARCEL D ±3.8 ACRES Headquarters Drive OFFICE CAMPUS 1.8 MSF, ±56.8 ACRES Communications Parkway FUTURE DEVELOPMENT PARCEL C ±2.6 ACRES PARCEL B ±10.6 ACRES PARCEL A ±28.2 ACRES Corporate Drive Legacy Drive =

7 MOST ACTIVE URBAN NODE IN NORTH TEXAS $2 BILLION TOTAL INVESTMENT 240 ACRES 25,000 DAYTIME POPULATION 4,465,000 SF CORPORATE BUILD-TO-SUITS 16,000 NEW LEGACY JOBS $400 MILLION URBAN VILLAGE 300 LUXURY HOTEL ROOMS 280,000 SF UPSCALE RESTAURANTS & SHOPS 407 HIGH-RISE RESIDENCES N 127 URBAN VILLAS 1,200 CLASS A MULTIFAMILY UNITS NOVEMBER 2017 OPENING ONE LEGACY WEST (Planned) PARCEL A ±28.2 ACRES PARCEL C ±2.6 ACRES OFFICE CAMPUS 1.8 MSF, ±56.8 ACRES PARCEL D ±3.8 ACRES URBAN VILLAS (Planned) PARCEL B ±10.6 ACRES URBAN VILLAGE FUTURE DEVELOPMENT THE GRAND LEGACY WEST Legacy Drive Dallas North Tollway EXECUTIVE SECTION SUMMARY

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9 CURRENT SITE PLAN HEADQUARTERS DR IVE N PARCEL D ±3.8 ACRES Lev eethr PARCEL C ±2.6 ACRES el P Urban Villas (Under Construction) ark ing age Gar ry, Thr Sto ee- Thr OFFICE CAMPUS 1.8 MSF, ±56.8 ACRES ee- ss Lev Cla C OM MUN ICA age Gar RECONFIGURED RING ROAD AC PARCEL B ±10.6 ACRES YD R IV TI O N S ing ark LEG PAR K W A Y el P ing uild eb ffic AO PARCEL A ±28.2 ACRES Future Development E This graphic illustrates the proposed reconfiguration and extension of the existing road ring. The cost of this reconfiguration and extension is to be incurred by the buyer. Additional information is provided on the Assumptions page in the Financial Analysis section of this Offering Memorandum. PROPERTY DESCRIPTION

10 FLOOR PLANS LOWER LEVEL 195,185 RSF Private Dining Fitness Center Childcar Center Photo Studio A North Dining South Dining Photo Studio B Photo Studio C North Kitchen South Kitchen Walgreens IT Servers Store IT Lab IT Servers Mail Print Room Health Center LEGEND JCPenney Space Leasable Space Building Amenity Building Services/Common Area Retail Space Restrooms, Janitor Elevators, Stairs & Shafts Electric, Controlle r, Service Vestibule

11 FLOOR PLANS FIRST FLOOR 80,819 RSF Atrium: 39,269 RSF 57,254 RSF 50,648 RSF 82,060 RSF Starbucks Subway Starbucks 504 RSF Subway 750 RSF LEGEND 77,533 RSF 41,166 RSF 39,819 RSF 77,644 RSF JCPenney Space Leasable Space Building Amenity Building Services/Common Area Retail Space Restrooms, Janitor Elevators, Stairs & Shafts Electric, Controller, Service Vestibule PROPERTY DESCRIPTION

12 FLOOR PLANS SECOND FLOOR 85,402 RSF 66,282 RSF 64,066 RSF 83,566 RSF 80,535 RSF 43,880 RSF 42,414 RSF 78,938 RSF LEGEND JCPenney Space Leasable Space Building Amenity Building Services/Common Area Retail Space Restrooms, Janitor Elevators, Stairs & Shafts Electric, Controller, Service Vestibule

13 FLOOR PLANS THIRD FLOOR 84,334 RSF 67,636 RSF 65,375 RSF 82,554 RSF 79,451 RSF 43,428 RSF 41,841 RSF 77,881 RSF LEGEND JCPenney Space Leasable Space Building Amenity Building Services/Common Area Retail Space Restrooms, Janitor Elevators, Stairs & Shafts Electric, Controller, Service Vestibule PROPERTY DESCRIPTION

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24 COLLIERS INTERNATIONAL 1717 McKinney Avenue Suite 900 Dallas, Texas JOHN CONGER DAVID QUISENBERRY